Bill · S. 3817· Senate(119-S-3817)
Stop Presidential Embezzlement Act
- Introduced
- 2/10/2026
- Last activity
- 2/10/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Ron Wyden
- Cosponsors
- - 4 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "Stop Presidential Embezzlement Act," proposes an amendment to the Internal Revenue Code of 1986. It seeks to impose a 100 percent tax on certain civil damages received by specific high-ranking officials. These "covered persons" include the President, Vice President, certain Executive Schedule level I positions, and Members of Congress, as well as their related persons. The tax applies to aggregate damages received through settlements, verdicts, or judgments from civil actions filed against the United States. The law would apply to amounts received after the date of the Act's enactment.
Yes· 3 of 4
Does this raise taxes on the highest earners?+10
The bill imposes a 100 percent tax on civil damages received by high-ranking government officials and their related persons.
Does this reduce what the federal government spends?+5
By taxing civil damages received from the United States, the bill effectively reduces the net amount of government funds paid out in settlements or judgments to covered persons.
Would high-income households be better off under this?+5
The bill targets high-ranking officials who are typically high earners, thereby limiting their ability to receive net payouts from civil actions.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Taxation of high-ranking officials: The bill imposes a tax equal to 100 percent of the qualified civil action amount received by covered persons (Section 2(a)). This would ensure that damages received by the President, Vice President, certain Executive Schedule level I officials, and Members of Congress through civil actions against the United States are taxed at this rate (Section 2(b)).
Potential Negative Impacts for People
-
Financial burden on covered persons: Individuals serving as President, Vice President, level I Executive Schedule positions, or Members of Congress (and their related persons) would face a 100 percent tax on any qualified civil action amounts received during their period of service (Section s 2(a) and 2(b)).
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Exclusion from gross income: While the tax is imposed, the qualified civil action amount is specifically excluded from the gross income of the covered person for taxation purposes under chapter 1 (Section 2(d)(2)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Increases Wealthy Taxes+10Reduces Government Spending+5
- Demographic And Interest Groups
- Good For High Income Households+5
- Governance And Ideology
- Improves Government Transparency+3
- 2/11/2026
- 1 Cosponsor added.
- 2/10/2026
- Read twice and referred to the Committee on Finance.
- 3 Cosponsors added.
- Introduced in Senate
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Ben LujánDemocrat · New Mexico
Charles SchumerDemocrat · New York
Peter WelchDemocrat · Vermont
Sheldon WhitehouseDemocrat · Rhode Island